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A stock transfer agent, transfer agent, share registry or transfer agency is an entity, usually a third-party firm unrelated to security transactions, that manages the change in ownership of company stock or investment fund shares, maintains a register of ownership and acts as paying agent for the payment of dividends and other distributions to investors.
Stock transfer may be: Stock transfer agent , an individual or organisation involved in transferring the name and certificate of one master shareholder of stock to another. Stock transfer (housing) , the process in which ownership of council housing is transferred to a housing association.
A central securities depository (CSD) is a specialized financial market infrastructure organization holding securities like shares, either in certificated or uncertificated (dematerialized) form, allowing ownership to be easily transferred through a book entry rather than by a transfer of physical certificates.
Stock transfer agent → – 'Stock transfer agent' is a narrow term referring only to those transfer agents that manage stock transfers and shareholder registries for publicly traded companies. The broader term 'transfer agent' includes transfer agents that manage non-stock ownership shares (securities) in both public and private investment funds.
Direct Holding System e.g. The Direct Registration System (DRS) A direct holding system is an arrangement for registering ownership of securities (or similar interests) whereby every final investor in the security is registered with a single entity (for example, the issuer itself, a CSD, or a registry).
SYDNEY/LONDON (Reuters) -Shares around the world nudged lower on Monday on soft economic numbers from China and Europe and as surging bond yields challenged equity valuations, at the start of a ...
Homeownership has long been known as a tool for building wealth and lifting Americans into the middle class. But a new report highlights other ways in which renting burdens many households ...
Transfer agents were responsible for eligibility coordination years ago. Now, in order to make a new issue of securities eligible for DTC's delivery services, a completed and signed eligibility questionnaire must be submitted to DTC's Underwriting Department, Eligibility.